Member Info for Northman1

What happened to Hum getting better at communication? I thought this was brought up at every meeting they had, yet they seem just as rubbish as ever. Even if they just gave news on their social responsibility stuff or sent some nice pictures of drills at work at least we'd know they were alive and busy.

I'm beginning to wonder if this is just a way of Hudson getting their hands on the port cheap in a sell off.

I know they stand to lose the mining licence with Bellzone, but I getting very suspicious that this is just an easy way to get there mitts on a 120 million dollar port for the loss of a loan that is no where near that amount. Hudson just being a subsidiary of Sonagol of course which undoudtedly has it fingers in many pies in country.

Or is that not how liquidations work, I confess I have no idea how this would work.

I thought they had already commenced building at Kabwe, I thought this was a condition of keeping the licence from the government, but it seems not. What are the pictures of on the project area of the website then has anyone any idea's? is thiat just the feed upgrade stuff?

Quarterly update sounded OK lots in the pipeline just have to have patience for these things to get up and running I guess.

45% Possible Recovery from the Portland is astonishing and up to 1000bopd from a horizontal well(UKOG RNS)
If we can get something similar recovery levels wise from the Kimmeridge layers, then the accessible resource could be vast

Does anyone have the current Oil In Place estimates for the different layers?

Hi Alan
I've only just appeared on this board as I only bought into the company in the last month or so. I post questions that I think are relevant when I'm reading through presentations or documents, as I don't seem to have the access to information or know where to look that some of you guys seems to.

I raised the question about gas, based on Mr Lenigas posting on the Twitter weald Oilers that HH was kicking out 140000 cubic feet a day, which seemed a lot. So I tried to look up information on how much electricity we would be generating onsite, assuming a similar volume from Brockham and, the only place I could find anything was in the planning application which mathematically didn't add up hence my question to the masses.

My question previously regarding Lidsey a while ago was again just honest curiosity as everything I can find on it says it should be a good well but seems to be having issues and as you seem to be very knowledgeable you seemed to be the one to ask, if you new what the problem is. I'm sure it'll be sorted out in the long run.

I'm obviously very pleased that everything is going well and hope to make a fortune with everyone else, but prefer to use the BB to ask what I think are good questions, rather than just stating things are going up or down or if there's been a big trade as I think everyone can read that for themselves. No rudeness intended to those that do this each to their own.

Anyway that's why I ask the questions. If you have some better sites that I can read up on this stuff, in more detail please pass them on.

Sorry Superman 86 maybe my point is between numbers 41 and 43

41. The rate of production from the BRX4Z well will be constrained by the capacity of the
generator. Should the gas produced start to exceed the capacity of the generator to accept
it then the well rate will be choked back. The applicant understands that the existing
generator is capable of being configured to run on a variety of fuel sources, including gas.
Further, a portable diesel generator is also permitted by planning permission ref:
MO/2017/0916.

So I read this as we can only as much oil as are able to use the associated gas from. So in number 43 770KW uses 300bopd. Maximum generator capacity is 998KW which is about 450bopd. This I would assume mean we are limited to 450bopd which bearing in mind we're expecting over 1000 bopd per well means we won't be able to produce it? without a new planning application for multiple generators?

Similarly your post about HGV movement where the company is only expecting 16 movements so 6 tankers a day so max production from that is 1200bopd, but we assume they want 6 well operating wich we hope would be 6000bopd or are we in pipeline territory there?

Anyway my gas point seemed the most pressing concern, as it seems to limit what we can do with the first well.

I'd like to think so that they'd just add more as the energy production alone should be massive, but I can't see any reference to it in that document. I only mentions a single generator being authorised and orders the flow to be restricted if we exceed it, which we probably will almost immediately.

Question around all that lovely gas that's currently unfortunately just warming the outside of HH at the moment.
According to the planning app I just read for Brockham dated 3rd August.

https://mycouncil.surreycc.gov.uk/documents/s49623/BROCKHAM.pdf

According to point 43 we have to restrict the amount of oil extracted to a level at which all of the associated gas produced can be burnt in the new generator to be installed. According to the document max electricity generation is 998 KW which is about 450 bopd (770 is 300 in the document) worth of gas. Does anyone know if this has been upgraded as other wise surely this will severely limit out production from one well let alone 6?

thanks

If KL3 and KL4 are the same pool, wonder if this increases the total estimate of held oil within the field, being one big rather than 2 smaller pools?

Alan you appear a knowledgeable chap.

Please can you put into layman's terms what is going on at Lidsey, is it just some sort of equipment issue that is preventing this flowing properly. Seems to be taking a very long time to sort out if that is the issue?

So everything is going to plan with LP and Regua is producing amazing results and the price drops, I will never understand AIM.

Did anyone see that article on the wield Oilers twitter feed this morning. Basically everyone's lying and defrauding investors. Anyone know anything about this?

Why do these sites continue to state that we are fracking these sites when according to the companies we are not. There was an article on the Telegraph website about the injunction at HH referring to is a fracking site.

If this is a lie why aren't UKOG suing then for liable/slander? Surely this should have been clarified long ago?

Is there actually a timeline for when things should happen for Lindsey, Brockham and Balcombe. My understanding is the holes have been drilled at Brockham and Lindsey for some time now. So we need a flow test but assuming that nothing is wrong and flow is acceptable, When would full production be able to start? Can't seem to find a straight forward timeline but I'm probably looking in the wrong place?
I'm a bit baffled why we wouldn't go into full production from Brockham before HH, as we already have the production licence?

Big fan of the WRES twitter feed. Its nice to see things actually happening rather than waiting months for news via RNS or an interview.
Wish my other companies would follow suit, might even out the peaks and troughs a bit more.

Question for the board.
Not sure how big this years bulk sample is due to be from Dundas but seems to be in the many thousands of tons.

Anyone know how they are planning on getting it off the beach and onto a ship?

Last years they could just helicopter but not this amount.